Nifty Metal Index Hits Record High Amid Stock Surge

Metal stocks stood out on the National Stock Exchange. The Nifty Metal index reached a new all-time high of 10,983.20 during Monday's trading session, as per reports. This was a gain of over 1% from the previous close, beating the earlier peak of 10,837.45 set on October 29, 2025. By around 9:55 AM, the index rose an additional 1.5%, outpacing the Nifty 50's slight 0.08% increase. 

Key Gainers Lead the Charge 

Hindustan Copper really stood out, rising 15% to ₹545.95 during the day. It ended the day up 8% at ₹513.50. Trading volumes surged, with 5.2 crore shares traded on the NSE and BSE over the past three days. This activity pushed the stock up a total of 34%. Vedanta climbed steadily, gaining up to 4% and hitting a 52-week high of ₹616 on BSE, up 2.47% 

Other notable movers included Steel Authority of India (SAIL), Tata Steel, Hindustan Zinc, Jindal Steel, Lloyds Metals and Energy, and Hindalco Industries, each advancing 1 to 4%. The broad rally covered 13 out of 15 index constituents in green territory.   

Yearly Performance Stands Out 

Through calendar year 2025, the Nifty Metal index has increased by 26% to 27%, far surpassing the Nifty 50 10.4% gain. This rally was led by strong metal prices and expectations for upcoming company earnings, according to reports. Recent sessions showed continued strength, with metal stocks rising for the eighth straight day last week. 

Broader Market Context 

Benchmark indices like Sensex and Nifty cut their early gains. However, they stayed cautious ahead of the industrial production data release for November. GIFT Nifty indicated a flat opening, rising just 0.08% early Monday. Globally, silver hit over $80 per ounce before falling more than 2%. Meanwhile, Asian markets displayed mixed trading results. 

 The sector's strength shows steady demand. Copper and silver prices are at record levels, which is boosting related companies like Hindustan Zinc and Hindustan Copper. Investors paid close attention as trading progressed into the last week of the year.